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US Metal Powder Market

ID: MRFR/CnM/15398-HCR
100 Pages
Garvit Vyas
October 2025

US Metal Powder Market

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US Metal Powder Market Infographic
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US Metal Powder Market Summary

As per Market Research Future analysis, the US metal powder market Size was estimated at 1163.78 USD Million in 2024. The US metal powder market is projected to grow from 1258.39 USD Million in 2025 to 2749.84 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 8.1% during the forecast period 2025 - 2035

Key Market Trends & Highlights

The US metal powder market is experiencing robust growth driven by technological advancements and increasing demand across various sectors.

  • Advancements in additive manufacturing are reshaping the landscape of the US metal powder market.
  • The aerospace sector remains the largest segment, while the automotive sector is the fastest-growing segment in terms of demand.
  • Sustainability initiatives are becoming increasingly critical, influencing production processes and material choices.
  • Technological innovations in metal processing and rising demand from aerospace and automotive sectors are key drivers of market growth.

Market Size & Forecast

2024 Market Size 1163.78 (USD Million)
2035 Market Size 2749.84 (USD Million)
CAGR (2025 - 2035) 8.13%

Major Players

Höganäs AB (SE), GKN Powder Metallurgy (GB), Carpenter Technology Corporation (US), AMETEK Inc. (US), Mitsubishi Materials Corporation (JP), LPW Technology Ltd (GB), ExOne Company (US), 3D Systems Corporation (US), Sandvik AB (SE)

US Metal Powder Market Trends

The metal powder market is currently experiencing notable growth, driven by advancements in additive manufacturing and the increasing demand for lightweight materials across various industries. This sector is characterized by a diverse range of applications, including aerospace, automotive, and medical devices, where precision and material efficiency are paramount. The shift towards sustainable practices is also influencing the market, as manufacturers seek to reduce waste and enhance recyclability. As a result, innovations in production techniques and material formulations are emerging, which may further propel market expansion. In addition, the metal powder market is witnessing a rise in the adoption of advanced technologies such as 3D printing. This trend is reshaping traditional manufacturing processes, allowing for greater design flexibility and reduced lead times. Furthermore, the growing emphasis on customization in product development is likely to drive demand for specialized metal powders tailored to specific applications. Overall, the landscape of the metal powder market appears dynamic, with various factors contributing to its evolution and potential for future growth.

Advancements in Additive Manufacturing

The metal powder market is significantly influenced by advancements in additive manufacturing technologies. These innovations enable the production of complex geometries and lightweight structures, which are increasingly sought after in industries such as aerospace and automotive. As companies adopt these technologies, the demand for high-quality metal powders tailored for specific applications is likely to rise.

Sustainability Initiatives

Sustainability initiatives are becoming a driving force within the metal powder market. Manufacturers are focusing on reducing waste and enhancing the recyclability of metal powders. This shift towards environmentally friendly practices not only meets regulatory requirements but also aligns with consumer preferences for sustainable products, potentially leading to increased market opportunities.

Customization and Specialization

The trend towards customization and specialization in the metal powder market is gaining momentum. As industries seek tailored solutions for unique applications, the demand for specialized metal powders is expected to grow. This trend reflects a broader shift towards personalized manufacturing, where products are designed to meet specific performance criteria.

Market Segment Insights

By Material: Ferrous Metals (Largest) vs. Non-Ferrous Metals (Fastest-Growing)

In the US metal powder market, ferrous metals hold a significant share, dominating the overall landscape due to their widespread applications in various industries such as automotive, aerospace, and construction. Non-ferrous metals, while smaller in share, are rapidly gaining ground, driven by increased demand in advanced electronics and renewable energy technologies. The growth trends for these segments reveal a robust outlook, with non-ferrous metals emerging as the fastest-growing category. This surge is attributed to the rising preference for lightweight materials and high-performance alloys that enhance efficiency and sustainability. Innovations in recycling and production processes are also catalyzing the growth of non-ferrous metal powders, making them integral to future advancements in multiple sectors.

Ferrous Metals (Dominant) vs. Non-Ferrous Metals (Emerging)

Ferrous metals, which include iron and its alloys, are recognized for their strength, durability, and cost-effectiveness, thereby establishing themselves as the dominant choice in the US metal powder market. Their applications span a range of critical sectors, allowing for mass production and large-scale manufacturing. Conversely, non-ferrous metals, such as aluminum, copper, and titanium, are regarded as emerging players. These materials possess unique characteristics such as lower weight, corrosion resistance, and high conductivity. As industries evolve toward more sustainable and efficient materials, non-ferrous powders are anticipated to witness accelerated adoption and growth, positioning them as a vital component in the metal powder landscape.

By Process: Additive Manufacturing (Largest) vs. Metal Injection Molding (Fastest-Growing)

In the US metal powder market, the distribution among the process segment values reveals that Additive Manufacturing holds a significant share, leading as the largest segment. This dominance is propelled by the increasing adoption of advanced manufacturing technologies and the growing integration of 3D printing applications across various industries. Metal Injection Molding, while smaller, represents a rapidly emerging segment, gaining traction due to its versatility and efficiency in producing complex geometries. The growth trends in this segment are influenced by several factors, including technological advancements, rising demand for lightweight components in the automotive and aerospace sectors, and the sustainability focus driving innovations. Additive Manufacturing continues to expand as industries look for solutions that reduce waste and enhance customization. Meanwhile, Metal Injection Molding is experiencing a surge in demand as manufacturers seek cost-effective and high-precision methods.

Additive Manufacturing (Dominant) vs. Metal Injection Molding (Emerging)

Additive Manufacturing is characterized by its ability to produce intricate and customized components, making it a dominant force in the US metal powder market. With advancements in printer technology and material capabilities, it allows for on-demand production, minimizing waste and inventory costs. The application of Additive Manufacturing spans various industries, including aerospace, automotive, and medical, positioning it advantageously for future growth. In contrast, Metal Injection Molding serves as an emerging alternative, ideal for mass production of small, complex parts. Its method combines the versatility of injection molding with the material efficiency of metal powders, catering to the growing needs of manufacturers seeking precision and performance at scale.

By Application: Automotive (Largest) vs. Aerospace & Defense (Fastest-Growing)

In the US metal powder market, the application segments reveal a diverse distribution of market share. The automotive sector represents the largest portion, driven by its extensive use in producing lightweight components for vehicles. Meanwhile, the aerospace and defense segment is gaining momentum, largely fueled by advancements in additive manufacturing technologies, which are transforming production methods in these industries. Growth trends indicate the automotive segment is expected to maintain its dominance due to ongoing innovation and the push for fuel-efficient vehicles. Conversely, aerospace and defense are rapidly emerging due to increased investments in technology and the rising demand for advanced materials. The trend towards sustainability is also shaping the future of these applications, making them critical areas of focus in the market.

Automotive: Dominant vs. Aerospace & Defense: Emerging

The automotive application in the US metal powder market stands as a dominant force, primarily due to its vast need for metal powders in manufacturing lightweight and durable components. This sector thrives on innovations aimed at enhancing vehicle efficiency and performance. On the other hand, aerospace and defense represent an emerging segment, propelled by the need for high-performance materials in aircraft manufacturing and military applications. This sector is characterized by rapid technological advancements and a growing emphasis on custom-made components. Both segments are crucial to the overall dynamics of the market, with automotive being established and aerospace and defense rapidly expanding, thanks to changing technological landscapes and consumer demands.

Get more detailed insights about US Metal Powder Market

Key Players and Competitive Insights

The metal powder market exhibits a dynamic competitive landscape characterized by rapid technological advancements and increasing demand across various sectors, including automotive, aerospace, and medical. Key players such as Carpenter Technology Corporation (US), GKN Powder Metallurgy (GB), and 3D Systems Corporation (US) are strategically positioned to leverage innovation and operational efficiencies. Carpenter Technology Corporation (US) focuses on enhancing its product portfolio through advanced manufacturing techniques, while GKN Powder Metallurgy (GB) emphasizes sustainability and digital transformation in its operations. Meanwhile, 3D Systems Corporation (US) is actively pursuing partnerships to expand its capabilities in additive manufacturing, collectively shaping a competitive environment that prioritizes innovation and responsiveness to market needs.

The market structure appears moderately fragmented, with several players vying for market share through localized manufacturing and optimized supply chains. Companies are increasingly localizing their production facilities to reduce lead times and enhance customer service. This tactic not only improves operational efficiency but also allows for greater adaptability to regional market demands. The collective influence of these key players fosters a competitive atmosphere where agility and responsiveness are paramount.

In October 2025, GKN Powder Metallurgy (GB) announced a strategic partnership with a leading automotive manufacturer to develop lightweight metal powder solutions aimed at enhancing fuel efficiency. This collaboration underscores GKN's commitment to sustainability and innovation, positioning the company as a frontrunner in the development of advanced materials that meet the evolving needs of the automotive sector. The partnership is likely to bolster GKN's market presence and drive further advancements in metal powder applications.

In September 2025, Carpenter Technology Corporation (US) unveiled a new line of high-performance metal powders specifically designed for additive manufacturing. This launch reflects Carpenter's strategic focus on innovation and its intent to capture a larger share of the growing 3D printing market. By diversifying its product offerings, Carpenter Technology aims to meet the increasing demand for specialized materials, thereby enhancing its competitive edge.

In August 2025, 3D Systems Corporation (US) expanded its collaboration with a prominent aerospace company to develop custom metal powders for aerospace applications. This initiative highlights 3D Systems' strategic emphasis on tailored solutions and its ability to respond to specific industry requirements. Such collaborations not only enhance the company's product portfolio but also strengthen its position in the aerospace sector, which is increasingly reliant on advanced materials for performance and efficiency.

As of November 2025, the competitive trends in the metal powder market are increasingly defined by digitalization, sustainability, and the integration of artificial intelligence (AI) in manufacturing processes. Strategic alliances are becoming more prevalent, enabling companies to pool resources and expertise to drive innovation. The shift from price-based competition to a focus on technological advancement and supply chain reliability is evident, suggesting that future competitive differentiation will hinge on the ability to innovate and adapt to changing market dynamics.

Key Companies in the US Metal Powder Market market include

Future Outlook

US Metal Powder Market Future Outlook

The metal powder market is projected to grow at an 8.13% CAGR from 2024 to 2035, driven by advancements in additive manufacturing, aerospace applications, and automotive innovations.

New opportunities lie in:

  • Expansion into additive manufacturing materials for aerospace components.
  • Development of customized metal powders for specific industrial applications.
  • Investment in recycling technologies for metal powder recovery and reuse.

By 2035, the metal powder market is expected to achieve substantial growth and innovation.

Market Segmentation

US Metal Powder Market Process Outlook

  • Additive Manufacturing
  • Metal Injection Molding
  • Powder Metal Hot Isostatic Pressing (PM HIP)
  • Others

US Metal Powder Market Material Outlook

  • Ferrous Metals
  • Non-Ferrous Metals

US Metal Powder Market Application Outlook

  • Automotive
  • Oil & Gas
  • Energy & Power
  • Medical
  • Aerospace & Defense
  • Others

Report Scope

MARKET SIZE 20241163.78(USD Million)
MARKET SIZE 20251258.39(USD Million)
MARKET SIZE 20352749.84(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)8.13% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Million
Key Companies Profiled["Höganäs AB (SE)", "GKN Powder Metallurgy (GB)", "Carpenter Technology Corporation (US)", "AMETEK Inc. (US)", "Mitsubishi Materials Corporation (JP)", "LPW Technology Ltd (GB)", "ExOne Company (US)", "3D Systems Corporation (US)", "Sandvik AB (SE)"]
Segments CoveredMaterial, Process, Application
Key Market OpportunitiesAdvancements in additive manufacturing technologies drive demand in the metal powder market.
Key Market DynamicsTechnological advancements drive innovation in metal powder production, enhancing efficiency and product quality in the market.
Countries CoveredUS

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FAQs

What is the expected market size of the US Metal Powder Market in 2024?

In 2024, the US Metal Powder Market is expected to be valued at approximately 1.07 billion USD.

What is the projected market size for the US Metal Powder Market by 2035?

By 2035, the US Metal Powder Market is projected to reach a valuation of around 2.04 billion USD.

What is the expected CAGR for the US Metal Powder Market from 2025 to 2035?

The expected CAGR for the US Metal Powder Market from 2025 to 2035 is 6.02%.

Which segment is expected to hold the largest market share in the US Metal Powder Market?

The Ferrous segment is anticipated to hold a substantial market share, valued at 0.66 billion USD in 2024.

What will the market value for the Ferrous segment be by 2035?

By 2035, the market value for the Ferrous segment is expected to rise to 1.25 billion USD.

How much is the Non-Ferrous segment expected to be valued at in 2024?

In 2024, the Non-Ferrous segment is anticipated to be valued at approximately 0.41 billion USD.

What market size is expected for the Non-Ferrous segment by 2035?

By 2035, the Non-Ferrous segment is projected to reach a market size of around 0.79 billion USD.

Who are some of the key players in the US Metal Powder Market?

Key players include Oerlikon, Hexagon Manufacturing Intelligence, and Rio Tinto, among others.

What are some key applications driving the demand in the US Metal Powder Market?

Key applications include additive manufacturing, automotive, and aerospace industries.

What are the major growth drivers for the US Metal Powder Market?

Major growth drivers include increasing demand for lightweight materials and advancements in powder metallurgy.

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